ASE Technology Holding Co.Ltd ADR (ASX): Investing In A Time Of Crisis

ASE Technology Holding Co.Ltd ADR (NYSE:ASX) currently has a daily average trading volume of 8.47M but it saw 5734276 shares traded in last market. With a market cap of 21.97B USD, the company’s current market price of $10.14 came falling about -1.93 while comparing to the previous closing price of $10.34. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.86 and as low as $7.33. In the recent trading on the day, stock has struck highest price mark of $10.0 while lowest mark touched by it was $10.23.

Over the week, ASX’s stock price is moving -2.22% down while it is 0.20% when we observe its performance for the past one month. Year-to-date it is 7.76% up and over the past year, the stock is showing an upside performance of 32.90%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of 0.13 beat the consensus estimate of 0.13 for the same. The company is expected to be releasing its next quarterly report on 2024-Oct-31, for which analysts forecasted an EPS of 0.15 while estimate for next year EPS is 0.54. In next quarter, company is expected to be making quarterly sales of $5.83B as analysts are expecting the sales for current fiscal year at $19.83B and seeing the company making $22.25B in sales next year. Moreover, analysts are in estimates of $5.15B for current-quarter revenue.

Currently, ASE Technology Holding Co.Ltd ADR’s total number of outstanding shares is 2.17B with 0.00% of that held by the insiders while 7.71% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 7.76% and return on equity (ROE) at 10.87%. It has a price to earnings ratio (P/E ratio) of 22.54 while having a 13.70 of forward P/E ratio. Stock’s beta reads 1.23. Stock has a price to book (P/B) ratio of 2.35 while price to sale or P/S ratio amounts to 1.19. Its return on asset (ROA) is 4.66% on average.